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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GGN
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GAMCO Global Gold, Natural Resources & stock price ended at $4.08 on Friday, after losing 0%.
(Updated on Apr 26, 2024)

Buy or Hold candidate since Mar 04, 2024 Gain 8.80% PDF

No changes to the price of GAMCO Global Gold, Natural Resources & stock on the last trading day (Friday, 26th Apr 2024). During the last trading day the stock fluctuated 1.21% from a day low at $4.06 to a day high of $4.11. The price has fallen in 5 of the last 10 days and is down by -1.92% for this period.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.52% during the next 3 months and, with a 90% probability hold a price between $4.37 and $4.67 at the end of this 3-month period.

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GGN Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Friday, April 12, 2024, and so far it has fallen -1.92%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The GAMCO Global Gold, Natural Resources & stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $4.05 and $3.95. A breakdown below any of these levels will issue sell signals. The stock had a Golden Star Signal on Friday, March 01, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, December 12, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Friday, March 01, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, December 12, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Friday, March 01, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, December 12, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for GAMCO Global Gold, Natural Resources & stock

GAMCO Global Gold, Natural Resources & finds support from accumulated volume at $4.07 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0493 between high and low, or 1.21%. For the last week the stock has had daily average volatility of 1.75%.

Our recommended stop-loss: $3.90 (-4.36%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (GGN) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect GAMCO Global Gold, Natural Resources & Income Trust to open at $4.08, and during the day (based on 14 day Average True Range), to move between $4.02 and $4.14, which gives a possible trading interval of +/-$0.0635 (+/-1.56%) up or down from last closing price. If GAMCO Global Gold, Natural Resources & Income Trust takes out the full calculated possible swing range there will be an estimated 3.11% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $4.07 (0.25%) than the resistance at $4.10 (0.49%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is GAMCO Global Gold, Natural Resources & Income Trust stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for GAMCO Global Gold, Natural Resources & stock to perform well in the short-term.

Current score: 1.767 Buy Candidate Unchanged

Predicted Opening Price for GAMCO Global Gold, Natural Resources & Income Trust of Monday, April 29, 2024

Fair opening price April 29, 2024 Current price
$4.08 ( 0.0760%) $4.08

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GGN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.13 1.28 %
R2 4.11 0.82 %
R1 4.10 0.538 %
Current price: 4.08
Support S1 4.06 -0.386 %
S2 4.05 -0.671 %
S3 4.03 -1.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.16 1.96 %
R2 4.11 0.735 %
R1 4.10 0.490 %
Current price 4.08
Support S1 4.07 -0.245%
S2 3.84 -5.88%
S3 3.76 -7.84%

GGN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 13, 2024 Jun 13, 2024 Jun 21, 2024 $0.0300 0.733%
2 May 15, 2024 May 15, 2024 May 23, 2024 $0.0300 0.733%
3 Apr 15, 2024 Apr 15, 2024 Apr 23, 2024 $0.0300 0.743%
4 Nov 16, 2023 Mar 13, 2024 Mar 21, 2024 $0.0300 0.779%
5 Nov 16, 2023 Feb 13, 2024 Feb 22, 2024 $0.0300 0.81%

FAQ

What is the symbol for GAMCO Global Gold, Natural Resources & Income Trust Stock and on which exchange is it traded?
The symbol for GAMCO Global Gold, Natural Resources & Income Trust is GGN and it is traded on the NYSEMKT (NYSE American).

Should I buy or sell GAMCO Global Gold, Natural Resources & Income Trust Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for GAMCO Global Gold, Natural Resources & stock to perform well in the short-term.

How to buy GAMCO Global Gold, Natural Resources & Income Trust Stock?
GAMCO Global Gold, Natural Resources & Income Trust Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy GAMCO Global Gold, Natural Resources & Income Trust Stock.

What's the current price of GAMCO Global Gold, Natural Resources & Income Trust Stock?
As of the end of day on the Apr 26, 2024, the price of an GAMCO Global Gold, Natural Resources & Income Trust (GGN) share was $4.08.

What is the 52-week high and low for GAMCO Global Gold, Natural Resources & Income Trust Stock?
The 52-week high for GAMCO Global Gold, Natural Resources & Income Trust Stock is $4.17 and the 52-week low is $3.51.

What is the market capitalization of GAMCO Global Gold, Natural Resources & Income Trust Stock?
As of the Apr 26, 2024, the market capitalization of GAMCO Global Gold, Natural Resources & Income Trust is 629.532M.

When is the next earnings date for GAMCO Global Gold, Natural Resources & Income Trust?
The upcoming earnings date for GAMCO Global Gold, Natural Resources & Income Trust is May 13, 2024.
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About GAMCO Global Gold, Natural Resources & Income Trust

GAMCO Global Gold, Natural Resources & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of ... GGN Profile

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